Rosenblatt analyst Catharine Trebnick upgraded Zscaler (ZS) to Buy from Neutral with a $235 price target after the company’s “strong” Q2 report. Zscaler’s latest results exceeded expectations, driven by improving billings growth and margin expansion, notes the analyst, who believes the company can sustain durable growth given improvements in go-to-market, sales productivity, and broader platform momentum.
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